MoMo Productions | Taxi | Getty Images In the last decade, a surge in home prices has built considerable wealth for the middle class. Total housing wealth grew by $8.2 trillion between 2010 and 2020, according to a March report from the National Association of Realtors. The coronavirus pandemic’s housing boom added even more value
admin
In this article MCD Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn, who is pushing for two seats on
Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Nvidia reported fiscal first-quarter earnings on Wednesday, beating analyst expectations for sales and earnings, but the stock dropped more than 10% in extended trading at one
Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a burgeoning inflation problem, minutes from their meeting released Wednesday showed. Not only did policymakers see the need to increase benchmark borrowing rates by 50 points, but they also said similar hikes likely
The U.S. Department of the Treasury building Julia Schmalz | Bloomberg | Getty Images Some investors may be grappling with the sting of higher-than-expected capital gains for 2021 and losses in 2022. But experts say tax-planning opportunities may soften the blow. Individuals paid significantly more taxes this season, and the surge in capital gains in
In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Citigroup shares got a boost from Warren Buffett who just disclosed a big stake in the struggling bank. The bank stock jumped more than 5% in premarket trading after a filing revealed Monday evening that Buffett’s Berkshire Hathaway added more
Fotostorm | E+ | Getty Images Rising inflation has exacerbated an existing problem for millions of older Americans: They don’t have enough to live comfortably in retirement. Without enough savings, and the average Social Security check coming in at just over $1,500 a month, many retirees struggle to make ends meet. The good news is
In this article JPM WFC High home prices aren’t the only reason behind dwindling homeownership in the U.S. Banks and financial institutions aren’t issuing enough small-dollar mortgages that help families with modest incomes to purchase a property. “It is particularly hard for people who are buying smaller houses with smaller mortgages to find a lender
NIBC heeft deze week de rente op spaardeposito’s met een looptijd van twee jaar verhoogd van 0,25% naar 0,5%. ABN Amro, Nationale-Nederlanden Bank en Rabobank schroefden eerder deze maand hun depositorentes al op. De banken volgen daarmee de fors gestegen rente op de kapitaalmarkt. De rentevergoeding op gewone spaarrekeningen zit nog niet in de lift.
MKB-Nederland, INretail en Koninklijke Horeca Nederland pleiten samen met tal van andere brancheorganisaties[1] voor een gematigde indexering van de huurtarieven, waarbij de energieprijzen buiten beschouwing blijven. Huurders betalen de hogere energieprijzen immers zelf al. De partijen doen een klemmend beroep op pandeigenaren om de kerninflatie, van nu zo’n 3,5%, te gebruiken bij de automatische huurindexering
‘Door minder bureaucratie, slimmer te werken en meer uren werken aantrekkelijker te maken kunnen belangrijke maatschappelijke sectoren -zorg, onderwijs, veiligheid, rechtspraak en kinderopvang- de arbeidsmarktkrapte verminderen’. Dat schrijft de Sociaal Economische Raad (SER) vandaag in een advies aan het kabinet. Aanpak korte en lange termijn In een motie had de Tweede Kamer het adviesorgaan van werkgeversorganisaties,
Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images As gas prices hit record highs, some Americans might be tempted to go electric and ease the pain at the pump. But finding a shiny, new electric vehicle